Judge allows Utah to enforce antigambling laws on Kalshi

From The Hill

A federal judge in Utah allowed the state to enforce its antigambling laws against Kalshi, rejecting the company’s argument that a federal commodities law preempts state restrictions on prediction markets. The decision marks a notable loss for prediction market firms and the Trump administration amid a legal battle with states over who has the authority…

Source Author
Author: Source Author

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *